Swiss Re repurchased 26% of TTK Healthcare Services

The world's reinsurance leader, Swiss Re, has bought out a 26% stake in TIK Healthcare Services, the health insurance subsidiary company of the Indian holding TIK Group. With 85% of an over one-billion-people uninsured population, the potential of the Indian market is regarded to be enormous.

According to Swiss Re, this market is set to rise from 380 million EUR (501 million USD) in 2006 to 5.9 billion EUR (7.7 billion USD) in 2015.